M/S DIAMOND RED TANNERIES,KAPURTHALA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the disallowances confirmed by the NFAC/CIT(A) related to ITA No

Bench: Sh. N. K. Saini & Sh. Anikesh Banerjee

138 CTR (SC) 214] 4.4 In view of the above discussion, decisions of the various High Courts as discussed supra, the explanation and the intention of the legislature set out through the Memorandum to the Finance Act, 2021, it is evident that the employee’s contribution was never intended to be covered by Section 43B. This has been reiterated

KHALSA BAKERY ,KAPUTHALA vs. INCOME TAX OFFICER WARD -4 (2), JALANDHAR

In the result, the disallowances confirmed by the NFAC/CIT(A) related to ITA No

Bench: Sh. N. K. Saini & Sh. Anikesh Banerjee

138 CTR (SC) 214] 4.4 In view of the above discussion, decisions of the various High Courts as discussed supra, the explanation and the intention of the legislature set out through the Memorandum to the Finance Act, 2021, it is evident that the employee’s contribution was never intended to be covered by Section 43B. This has been reiterated

VAAHO AGENCIES PRIVATE LIMITED ,AMRITSAR vs. INCOME TAX OFFICER WARD -1 ( 1 ) , AMRITSAR

In the result, the appeal of the assessee related all grounds of ITA No

Bench: Dr. M. L. Meenash. Anikesh Banerjee

138/- by relying on the decision of the Hon'ble Supreme Court in the case of CIT vs. Alom Extrusion Ltd. (319 ITR 306) ?” After referring to the amendments that were made available to section 43B of the Act, the Hon’ble High Court answered the aforesaid question in the affirmative and upholding the order of the tribunal

INCOME TAX OFFICER, JAMMU vs. SH. PUNEET SEHDEV, PROP., JAMMU

Bench: Shri L. P. Sahu & Shri Ravish Sood

section 40A(3). All the provisions were duly complied with. As such, no disallowance was called for and similarly the worthy CIT(A) was also not justified in confirming the same without appreciating the facts of the case. Alternatively, the disallowance made is very high & excessive. 8. Further, the A.O has grossly erred in not allowing the deduction claimed

PUNEET SAHDEV,JAMMU vs. THE INCOME TAX OFFICER, JAMMU

Bench: Shri L. P. Sahu & Shri Ravish Sood

section 40A(3). All the provisions were duly complied with. As such, no disallowance was called for and similarly the worthy CIT(A) was also not justified in confirming the same without appreciating the facts of the case. Alternatively, the disallowance made is very high & excessive. 8. Further, the A.O has grossly erred in not allowing the deduction claimed

SH. PUNEET SEHDEV PROP,JAMMU vs. THE INCOME-TAX OFFICER, JAMMU

Bench: Shri L. P. Sahu & Shri Ravish Sood

section 40A(3). All the provisions were duly complied with. As such, no disallowance was called for and similarly the worthy CIT(A) was also not justified in confirming the same without appreciating the facts of the case. Alternatively, the disallowance made is very high & excessive. 8. Further, the A.O has grossly erred in not allowing the deduction claimed

SH. PUNEET SEHDEV PROP;,JAMMU vs. THE INCOME-TAX OFFICER,, JAMMU

Bench: Shri L. P. Sahu & Shri Ravish Sood

section 40A(3). All the provisions were duly complied with. As such, no disallowance was called for and similarly the worthy CIT(A) was also not justified in confirming the same without appreciating the facts of the case. Alternatively, the disallowance made is very high & excessive. 8. Further, the A.O has grossly erred in not allowing the deduction claimed

POONAM MARWAHA,AMRITSAR vs. ACIT DCIT CEN CIR, AMRITSAR

In the result, the appeal filed by assessee is allowed

138/- in the regular books of accounts at cost price. It was\nhighlighted that MRP, as per the Standard Weight & Measurement Act, incorporates\ntaxes such as GST, and no additional charges can be levied from the customer\nbeyond this. It was further clarified that the MRP includes GST element and is\nfurther subject to adjustment on account of margin

SHRIMATI JATINDER KAUR (ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

disallowance can be made in relation to that assessment year. Copy of the order is enclosed at page no. 83 to 90.Pr. CIT vs. Kurele Paper Mills P. Ltd reported at 380 ITR 571 (Delhi High Court): It was held that no incriminating material with regard to hare capital issued was found during the course of search and hence

SHRIMATI JATINDER KAUR(ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

disallowance can be made in relation to that assessment year. Copy of the order is enclosed at page no. 83 to 90.Pr. CIT vs. Kurele Paper Mills P. Ltd reported at 380 ITR 571 (Delhi High Court): It was held that no incriminating material with regard to hare capital issued was found during the course of search and hence

SHRIMATI JATINDER KAUR ( ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

disallowance can be made in relation to that assessment year. Copy of the order is enclosed at page no. 83 to 90.Pr. CIT vs. Kurele Paper Mills P. Ltd reported at 380 ITR 571 (Delhi High Court): It was held that no incriminating material with regard to hare capital issued was found during the course of search and hence

SHRI RAJESH TIWARI,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RAJESH TIWARI,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RJAN BATRA,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RAJAN BATRA,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RAJAN BATRA,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RAJAN BATRA ,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances

SHRI RAJAN BATRA,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-II, JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

138 to 141& 143/Asr/2022. ITA No. 137/Asr/2022Assessee’s appeal for AY07-08 Ground of Assessee 3. The assessee has taken the following grounds which are extracted as below: “1. That the order passed by the Hon’ble CIT (A) dated 30.03.2022 is against the law and facts of the case. 2. That having regard to the facts and circumstances